Crypto commodity platforms, for their part, would be required to maintain a relationship with the CFTC similar to other commodity dealers. For example, they would need to keep good records for at least five years, share information with the CFTC upon request, appoint a chief compliance officer, and submit to provisions that protect against “fraud, deceit, and manipulation.”
Tether Splits Into 4 Units as It Expands Beyond Stablecoins
"Tether’s expansion beyond its well-established USDT stablecoin signifies a paradigm shift in its approach to financial empowerment," the company said...